"We Can No Longer Endure": Protest Held Against 'Basic Law for Working People'

[Economy 365]

[We can no longer endure; guarantee our right to survive!]

Small business owners from across the country have called for the guarantee of their right to survive and a major shift in employment policy.

Organizations including the Korea Federation of Micro Enterprise and the National Merchants Association held a rally in front of the National Assembly, demanding an immediate halt to the "Basic Law for Working People" currently being pushed by the legislature.

The small business sector argued that if the Labor Standards Act is applied to special employment workers and freelancers, it would result in an additional cost of 5.05 million won per worker annually, claiming that small business owners have no capacity to absorb such expenses.

They also urged for a halt to the expansion of the Labor Standards Act to workplaces with fewer than five employees, and called for the differentiated application of the minimum wage by industry, business size, and region, as well as the differentiated application for foreign workers and the abolition of the weekly holiday allowance.

*This article was produced using AI audio.
※ Please note: This article was translated by AI and may contain errors.